Prostitutes // Current

Schwarzennger called upon to put a stop to prostitute website

Arnold Schwarzenneger has been asked to put a stop to an American website which allows... more

sophosthegreat
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1 month ago
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Fourth Videotape Reveals ACORN Advising 'Pimp,' 'Prostitute' in California

You have got to be kidding me! Shut Acorn down now and regroup! ACORN issued a... more

dabne
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2 months ago
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Chinese survey finds prostitutes more trusted than officials

Prostitutes are considered more trustworthy in China than government officials and... more

WakeUpPeople
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3 months ago
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Chinese say hookers more trustworthy than government

A survey of Chinese people has revealed that prostitutes are considered more... more

burukku16
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3 months ago
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A pact with the devil

Approval of RU486, a pill that allows non-surgical abortion in the early weeks of... more

hyperion74
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4 months ago
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Sex Worker Open University

Sex workers are routinely portrayed in the media as victims. At London’s first... more

ellie_gurney
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4 months ago
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Father Asks 5th Grade Son To Help With Disposal Of Prostitute's Corpse

"The boy, whom the Orlando Sentinel is not identifying, told investigators an... more

harlequin_girl
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4 months ago
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Latvian Hookers Signal No Recovery for Economy

When the economy starts to lift itself out of this recession, what will be the leading indicator that tells us we have turned the corner? Extramarital affairs and the price of Latvian hookers. And both are telling us that there is still plenty of trouble ahead.

These two measures were proposed recently as reliable economic barometers, and they warrant consideration. Economists often say “animal spirits” play a role in keeping the wheels of the business cycle turning. They have given little advice on how we should measure those spirits. Now we may have the answer.

In the U.K., a website called www.illicitencounters.co.uk allows married people who are planning to play a few matches away from home to meet up with each other. It has at least 300,000 members, indicating that the British have more on their minds than just the work expenses of politicians and the threat of unemployment.

The website crunched its traffic and membership numbers and found that there was a big increase in both when there was a turning point in the FTSE-100 index, which measures the leading companies listed in London. When the market collapses, people plot affairs. And when the bulls rage, the same thing happens. When it is trading sideways, they stick with their partners.

In a similar vein, John Hempton, who runs the financial blog Bronte Capital, has monitored the health of the Baltic economies based on the price of Latvian sex workers -- currently about 30 lati ($60) for the standard service. His argument is that since the prices have collapsed by about two-thirds in a year, Latvia and the other Baltic states are still in big trouble with deflation lurking.

Using sex as a measuring stick for the economy and markets tells us we aren’t over the worst yet. Affairs increase when the market turns. Traffic on Illicit Encounters soared in November as the markets collapsed, but it hasn’t surged again. The message: The jump in share prices of the past two months is a bear-market rally, not the start of a genuine recovery.

As for the Latvian hookers, there is no sign of prices recovering yet. The message: The International Monetary Fund should remain on high alert. And so should most of Europe’s banking system.

Infidelity websites and Latvian escorts can say a lot about where the economy is heading. Just be discreet if you decide to follow these two benchmarks.When the economy starts to lift itself out of this recession, what will be the leading... more